RISK MANAGEMENT NEWS

Prometeia a category leader for Credit Risk and Data Integrity & Control solutions

Chartis Research, the leading provider of research and analysis on the global market for risk technology, has positioned Prometeia as a Category Leader in two of its 2018 RiskTech/FinTech Quadrants.

In Chartis’ analysis of Credit Risk solutions for the banking book, Prometeia was among the highest-scoring vendors for enterprise stress testing and reporting and visualisation capabilities. Other capabilities assessed as part of Chartis’ scoring for “completeness of offering” included analytics, data management, and risk data aggregation and allocation. In an earlier issue of this report, published in 2016, Prometeia was also ranked as a category leader.

Chartis also ranked Prometeia as a category leader for Data Integrity and Control solutions in financial services, on its 2018 FinTech Quadrant. Prometeia scored highly for Artificial Intelligence and Machine Learning, audit and data lineage, and alerting and workflow capabilities.

This dual recognition comes just a few weeks after another important acknowledgement by Chartis for Balance Sheet Management solutions. In that analysis Prometeia again scored well for its completeness of offering.

“This is confirmation of the quality of our
solutions in the traditional field of Credit Risk, in which we have been
consolidating our leadership across EMEA; but also of our double-digit growth
in the world of Advanced Analytics, where we have been increasingly investing,”
comments Andrea Partesotti, Head of
Enterprise Risk Management at Prometeia.

Says Rob
Stubbs, Head of Research at Chartis, “In our analysis, Prometeia’s range of
capabilities enables it to address the challenges in these two evolving areas
of risk technology, and positions it well for future innovation.”

ERMAS, the new generation of value-centric risk solutions, is used by
over 200 clients in more than 20 countries to support their critical decisions
and to comply with local and international regulatory requirements.

ABOUT CHARTIS REASEARCHChartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Chartis Research.